AXT adjourns Annual Meeting of Stockholders to 4 June

News: Suppliers AXT Inc of Fremont, CA, USA — which makes gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) substrates and raw materials at plants in China — says that its 2026 Annual Meeting of Stockholders on 14 May was convened and adjourned, without any business being conducted, due to lack of the required quorum. It has been adjourned to 4 June at 11am Pacific Time at the firm’s headquarters at 4281 Technology Drive, Fremont, California 94538, to allow additional time for stockholders to vote on the proposals set forth in the definitive proxy statement filed with the US Securities and Exchange Commission (SEC) on 31 March. No changes have been made in the proposals to be voted on by stockholders. During the adjournment, AXT expects to continue to solicit votes from its stockholders with respect to the proposals set forth in its proxy statement. It has engaged proxy solicitor Alliance Advisors to assist management with obtaining adequate votes to achieve the required quorum.The record date for the adjourned Annual Meeting continues to be 20 March. At the time the Annual Meeting was adjourned, proxies had been submitted by stockholders representing about 48% of the shares of AXT’s common stock outstanding and entitled to vote at the Annual Meeting. No action is required by any stockholder who has previously delivered a proxy and who does not wish to revoke or change that proxy. AXT encourages any eligible stockholder that has not yet voted their shares, or provided voting instructions to their broker or other record holder, to do so promptly. AXT’s revenue grows 17% in Q1 after greater-than-expected export permitsAXTwww.axt.com